Recent News
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Video: Arturo de los Santos Is Fighting Back
In 2008, Arturo de los Santos, a former Marine who lives with his wife and four children in Riverside, CA, fell victim to the economic crash caused by the greed of those on Wall Street. Like millions of Americans, he faced the prospect of mortgage default. Arturo was then encouraged by JPMorgan Chase & Co. to deliberately fall behind on his payments in order to modify his loan. A loan owned by Freddie Mac. Thinking the bank had his best intentions in mind, Arturo followed their instructions. Instead, JPMorgan greedily foreclosed on him, evicting Arturo and his family. Since then, Arturo has decided to fight back and re-occupy his home, even as he faces the possibility of arrest!
Arturo could be forcefully removed from his house at any time. Cuéntame and the Alliance of Californians for Community Empowerment (ACCE) are working together to spread Arturo's story as wide as possible and tell JP Morgan and Freddie Mac that the abuse must end today! We need your help.
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Recent Stories
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Ms. Bertina Jones & Occupy DC are fighting to stop her eviction
MEET BERTINA: A familiar story to millions of Americans, Bank of America used the financial crisis to take advantage of Bertina Jones. Bertina did everything right. Like millions of Americans, she fell behind on her mortgage after losing her job in wake of the 2008 financial crisis. Hoping to take responsibility for missed payments, she met with Bank of America to renegotiate her mortgage, and was offered a modification in January of 2009. She kept making payments, and while the bank acknowledged it had received her money, it told her that her paperwork was lost. In the Summer of 2010, she was informed that the modification was off the table, and in September, Bank of America sold her mortgage to Freddie Mac which continued with foreclosure.
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Fred Shrum & Occupy Detroit stand up to Wells Fargo
Fred Shrum bought his house in 2007 and began working on it. “I had hoped to lay down some roots and become part of this community,” he said. “I’ve been fixing up the house since then, installing new windows and insulation. I think I’ve put about $20,000 into it in renovations, altogether.”
Shrum isn’t ready to let go. As he said at the press conference, he and his family are prepared to stay in the house as an act of civil disobedience and in protest of how bailed-out banks treat U.S. homeowners. With the help of Occupy Our Homes and groups including Occupy Detroit, People Before Banks, Moratorium Now, and UAW Local 600, they will fight the eviction.
“I don’t expect anyone to give me the house,” Shrum said. “I just want to be treated fairly. I want Wells Fargo to come back to the table and see if we can find an arrangement that works in both our interests.”
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Riverside, CA: Stop the eviction of Arturo de los Santos
ACCE is calling for action to help Arturo de los Santos and his family.
Arturo de los Santos has lived in his Riverside, CA with his wife and four children for over ten years. When the economic crisis hit in 2008, the factory he works at reduced his hours. Like millions of hardworking Americans, the reduced income forced him to pursue a modification in his mortgage, which is owned by Freddie Mac. The mortgage servicer, JP Morgan Chase, informed de los Santos that in order to negotiate a loan modification he had to be in default on his loan. De los Santos was caught in the Catch-22 that proved to be profitable for Freddie Mac but devastating for his family.
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